By Jeff Collins | [email protected] | Orange County Register PUBLISHED: September 11, 2019 at 4:35 pm | UPDATED: September 11, 2019 at 4:39 pm The California Assembly voted 46-22 Wednesday, Sept. 11, to approve the state Senate version of Assembly Bill 1482, sending to the governor’s desk a bill that would cap rent hikes throughout the state at 5% plus inflation, up to a maximum of 10% a year. The vote came after an hour of emotional debate in which supporters touted the bill as an emergency measure aimed at stemming homelessness while opponents argued it will make California’s housing crisis worse by spurring landlords to raise rents annually to keep their rents current with market rates. “We have a simple choice today. On the one hand, we can stand by while tens of thousands of human beings are forced out onto our streets, or we can stand up (for displaced renters),” said the bill’s author, Assemblymember David Chiu, D-San Francisco. ” … The question we have in front of us is what kind of a society do we want to live in? As the Good Book asks, what kind of neighbors are we? I say we are California. I… Read full this story
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